222
222
Feb 26, 2010
02/10
by
WETA
tv
eye 222
favorite 0
quote 0
iceland will have to settle its disputes with other eu companies. >>island's landscapes could be one day part of the european union, after the eu commission's stefan fewland had talks. >> iceland with the long democratic traditions clearly fails the criteria and therefore cannot open negotiations with the european union. >> iceland has a functioning market economy, but it's applied for eu membership last year after being hit by the global financial crisis. the country's banking system collapsed despite efforts to stave off the meltdown. there's also an ongoing dispute with britain and the netherlands who say iceland does the almost 4 billion euros in savsavings. the government remains largely opposed. >> that report from deutschewell. that takes us to britain, where the royal bank of scotland announced more big losses this week. yet, it still found room to reward its employees almost $2.5 billion in bonuses. that has sparked a good deal of outrage just as it has in this country. the bank's rationale for the bonuses is also similar to what the banks
iceland will have to settle its disputes with other eu companies. >>island's landscapes could be one day part of the european union, after the eu commission's stefan fewland had talks. >> iceland with the long democratic traditions clearly fails the criteria and therefore cannot open negotiations with the european union. >> iceland has a functioning market economy, but it's applied for eu membership last year after being hit by the global financial crisis. the country's...
WHUT (Howard University Television)
175
175
Feb 9, 2010
02/10
by
WHUT
tv
eye 175
favorite 0
quote 0
yet despite this the eu has made it clear it will not bail the ailing country out. but has approved greece's recovery plan. >>: the greek government is aiming to stamp down on corruption, cut public sector jobs, slash social security by 10 percent and overhaul the tax system, including a proposed 90% tax on bank bonuses. by the end of this year greece plans to drop the deficit to 8.7% of gdp before pushing for the 3% required by the eu by 2012. >>: despite the mess, investor interest remains high and the country easily sold 8 billion euros worth of bonds last week. investor attention may also shift to other high debtors in the med region, notably spain, portugal and italy. >>: another 16 billion will arrive as structural funds from the eu and greece's tourism and shipping sectors are already showing some signs of recovery. eckart sager caught up with the greek finance minister in davos and began by asking what the countrycan do to stave off bankruptcy. >>papakonstantinou: it's not an easy task. and it's not a task that can be done overnight. we are now in the middle
yet despite this the eu has made it clear it will not bail the ailing country out. but has approved greece's recovery plan. >>: the greek government is aiming to stamp down on corruption, cut public sector jobs, slash social security by 10 percent and overhaul the tax system, including a proposed 90% tax on bank bonuses. by the end of this year greece plans to drop the deficit to 8.7% of gdp before pushing for the 3% required by the eu by 2012. >>: despite the mess, investor...
298
298
Feb 5, 2010
02/10
by
CNBC
tv
eye 298
favorite 0
quote 0
the european union must stand behind those governments, and just as important, the eu and the european central bank must stand behind the euro currency, which has now plunged from $1.50 to $1.37 and is still freefalling. i believe they'll act responsibly but the eu and the eif raise taxes to balance their budget it could spell euro disaster. but then, again, is it so far-fetched to say that they're not following the same big spend and borrow policies as europe? you know, moody's says the u.s. government debt could be downgraded in future years and a whole slate of tax site proposals beginning with bank tax and multicorporate tax hikes and a failure to end tacks. all of this stuff, they will not extend the bush tax cuts. all these things are penalizing exactly the people who are most likely to invest in economic growth and recovery, and that, too, is an ongoing cause of the 700-point stock market. cisco's john chambers is very optimistic. we'll play his later. business investment is rapidly recovering. chain store sales picked up more than 3% from a year ago. those are all very positive
the european union must stand behind those governments, and just as important, the eu and the european central bank must stand behind the euro currency, which has now plunged from $1.50 to $1.37 and is still freefalling. i believe they'll act responsibly but the eu and the eif raise taxes to balance their budget it could spell euro disaster. but then, again, is it so far-fetched to say that they're not following the same big spend and borrow policies as europe? you know, moody's says the u.s....
292
292
Feb 4, 2010
02/10
by
CNBC
tv
eye 292
favorite 0
quote 0
what is the eu going to do now? >> what about the employment numbers? let me switch gears and ask you what you've been hearing, david, michelle, sue, as far as the numbers tomorrow. >> there's still hope that maybe it's the first time we see positive growth. there's been some pull back in that expectation. i think if you have to start worrying about constricted spending all eefr the world, regardless of the number tomorrow, you have to worry about whether or not you get a double-dip recession. >> sue? >> what i'm hearing is people don't trust the fact that the numbers are actually reflecting what's going on on main street. and as a result of that you have a lot of workers who have dropped out, who are no longer looking. a lot of those people will not be reflected in those roles. there's increasing doubt about the validity of the number itself. that's created hedging in this market ahead of that report. >> thanks very much. we appreciate it. the s&p 500 falling more than 2% today. up next, matt nesto will tell us how stocks could react to that kind of se
what is the eu going to do now? >> what about the employment numbers? let me switch gears and ask you what you've been hearing, david, michelle, sue, as far as the numbers tomorrow. >> there's still hope that maybe it's the first time we see positive growth. there's been some pull back in that expectation. i think if you have to start worrying about constricted spending all eefr the world, regardless of the number tomorrow, you have to worry about whether or not you get a double-dip...
191
191
Feb 4, 2010
02/10
by
CNBC
tv
eye 191
favorite 0
quote 0
so we are in excess of the standards to get into the eu, even in the out years on the deficit. we're not tackling the problem. >> are you willing to cut medicare, then? >> what we should be looking at doing is, across the board, figuring out ways that we bring this budget into balance. and we should not have a budget ten years out without it being closer to balance or without a glide path which reduces this deficit. so the alternative budgets that the republicans are putting up, eventually leads to elimination of the deficits. and that's the dialogue we need to have with the president. he's going to be out of office, let's say, it's a year out or four years out, eight years out, he's out of the office and the budget he gives us calls for 5% of gdp. >> certainly that's an issue. but i mean, i must say, sir, that -- maybe i asked it a bit to be provocative -- >> i'm a deficit hawk. i have voted to cut everything, at one point or another. i'm at the table. how can you increase spending 24% this year, 8% in the appropriations bill next year, and add on top of that a new entitlement
so we are in excess of the standards to get into the eu, even in the out years on the deficit. we're not tackling the problem. >> are you willing to cut medicare, then? >> what we should be looking at doing is, across the board, figuring out ways that we bring this budget into balance. and we should not have a budget ten years out without it being closer to balance or without a glide path which reduces this deficit. so the alternative budgets that the republicans are putting up,...
144
144
Feb 1, 2010
02/10
by
CSPAN
tv
eye 144
favorite 0
quote 0
what we have always agreed is all countries should work together whether it is the g 20 or the eu that we should all work together to tackle the global economic crisis and one thing we agree with president obama on and just about every other country in the world is we need a fiscal stimulus to support the economy out of recovery. the only people who seem to disagree with that is the official opposition. >> president obama just announced a freeze on spending in the united states and the government raised the rates which is how fiscal stimulus in the united kingdom -- the governor of the bank of england said president obama's proposal is much more serious than the prime minister's. he couldn't think of anyone internationally who was enthusiastic about the prime minister's ideas. the third aspect of banking reform, a growing content that the only sensible banks have the ability and know-how to maintain proper supervision of the banks. the prime minister took that power from the bank of england in 1997 and created a system that failed. given countries like the united states and germany who
what we have always agreed is all countries should work together whether it is the g 20 or the eu that we should all work together to tackle the global economic crisis and one thing we agree with president obama on and just about every other country in the world is we need a fiscal stimulus to support the economy out of recovery. the only people who seem to disagree with that is the official opposition. >> president obama just announced a freeze on spending in the united states and the...
275
275
Feb 25, 2010
02/10
by
CNBC
tv
eye 275
favorite 0
quote 0
of the eu. pippa, he very extraordinary comments. >> emotions show when the burden of debt is so powerful. and the bottom line is, i don't think why the markets think that the german public is going to bail out the greek public. it's not going to happen any more than the abu dhabi authorities will bail out dubai. there will be major i didn't knowal euros thrown in here and there to slow down the base, but it's a fact. >> you heard it here. we'll pause there. nicole. >>> fed chairman ben bernanke is back for another round with lawmakers today, giving part two of the semi-annual testimony on the economy and monetary policy. he goes before the senate banking committee at 9:00 a.m. new york time. economists believe that since the u.s. housing and job markets haven't improved much and consumer confidence has worsened, bernanke will avoid mentioning the timing of a rate hike, per se, but he told a house panel yesterday that rates will continue to extend lower for a continued period. president obama is
of the eu. pippa, he very extraordinary comments. >> emotions show when the burden of debt is so powerful. and the bottom line is, i don't think why the markets think that the german public is going to bail out the greek public. it's not going to happen any more than the abu dhabi authorities will bail out dubai. there will be major i didn't knowal euros thrown in here and there to slow down the base, but it's a fact. >> you heard it here. we'll pause there. nicole. >>> fed...
338
338
Feb 10, 2010
02/10
by
WETA
tv
eye 338
favorite 0
quote 0
greece is on the brink of bankruptcy, and is under eu pressure to drastically cut spending. there is concern that its huge deficit could undermine the entire eurozone economy. the crisis has already taken its toll on the european currency. the euro has been falling steadily against the u.s. dollar since december. european leaders need to hold a special summit in brussels on thursday where the greek crisis is likely to top the agenda. >> that report from deutsche welle. >>> from iraq, there is news about the company onc as blackwater. today iraqi officials ordered about 250 current and former employees of the country out of the country. the order comes after the recent dismissal by a u.s. judge of charges against five blackwater employees in the september 2007 shooting deaths of 17 iraqis. that dismissal unleashed widespread anger in iraq, and the obama administration has promised to appeal the judge's decision. >>> turning to the latest from iran, today's "new york times" reports that the iranian government has engaged in an epidemic of arrests in advance of the 31st anniver
greece is on the brink of bankruptcy, and is under eu pressure to drastically cut spending. there is concern that its huge deficit could undermine the entire eurozone economy. the crisis has already taken its toll on the european currency. the euro has been falling steadily against the u.s. dollar since december. european leaders need to hold a special summit in brussels on thursday where the greek crisis is likely to top the agenda. >> that report from deutsche welle. >>> from...
102
102
Feb 12, 2010
02/10
by
CSPAN
tv
eye 102
favorite 0
quote 0
the eu nations allowed not to let the greek government default on its debt. they had a half-hour closing news conference from the summit. this runs about 35 minutes. we decided to convene so we could discuss economic strategy. because the heads ofÑi state and government are of the opinion that we really must look into the medium and long term. we should focus increasingly on the concerns that people have. economic growth and the jobs of that come from that are extremely important we all agreed on december 10 that we should convene a special counsel to tackle this topic. unfortunately, we have done a lot of preparatory work but economic strategy ended up being pushed into the background due to the events occurring in the bureau's own. -- the euro the zone. that might beÑi something that e former prime minister macmillan said. what is the most difficult thing in political life? õihis reply was events. it is often these events that lead to us having to change our agenda and that is just what happened at this time. i would just like to point out that we have n
the eu nations allowed not to let the greek government default on its debt. they had a half-hour closing news conference from the summit. this runs about 35 minutes. we decided to convene so we could discuss economic strategy. because the heads ofÑi state and government are of the opinion that we really must look into the medium and long term. we should focus increasingly on the concerns that people have. economic growth and the jobs of that come from that are extremely important we all agreed...
304
304
Feb 24, 2010
02/10
by
CNBC
tv
eye 304
favorite 0
quote 0
three executives were convicted in a privacy case involving youtube in italy and the eu also looking into antitrust complaints against google. as you get bigger the regulatory complaints get bigger as well. had hoped to have salex pharma here, a biotech yesterday that was halted all day starting the day up about 17% after the fda panel recommended its drug to treat a liver disease. stec is the opposite down nearly 30% after the company warns for the current quarter and receives a slew of downgrades, jp morgan, tomas wiesel and pacific crest among others. this morning a number of chip stocks are starting the day off in the black. we have marvel up 2%, intel up nearly 1% as well. let's head over to the nymex and sharon epperson. >> some of the trade ners the pit wondering why gold is so much lower considering where some of the other commodities are trading today. we are seeing gold though coming off its lows of the session. but below that $1100 mark it's going to be key there to see if gold continues to trade below here because on the down side we're looking at 1075 as the next level.
three executives were convicted in a privacy case involving youtube in italy and the eu also looking into antitrust complaints against google. as you get bigger the regulatory complaints get bigger as well. had hoped to have salex pharma here, a biotech yesterday that was halted all day starting the day up about 17% after the fda panel recommended its drug to treat a liver disease. stec is the opposite down nearly 30% after the company warns for the current quarter and receives a slew of...
411
411
Feb 16, 2010
02/10
by
CSPAN
tv
eye 411
favorite 0
quote 0
anna h bomonhe mooparesns -to nyt h smeur nion anseeds rrumeoo foteorts whe eus aintrio suordts csu, as ab t me atapn. pridtba cpan r i ose d meatyft begleed sn f i clurtoy. ' he dcu whe amadniraonasee unle tfuilthlee. the fle cisasayomng dehe rurf r cnt t re awven mo ffuln werr o su, ilung le tng liefm tatotct t iuaano ats prab t most vib pce ofetncen founelhehrtm d boinatmp h p t suonhe tle. am sehe ectn rul msaustsil fth mpca ts tt. yo gntam ts demonsat tres pais coens r w cse anna ia yonstt to o cnt'vaes itas bn sneby neay40 rm mbe o cgrs, dioms, fer jge precorawnfcent ofcis,atna sury exrt a filsf 9-11 cts,llf omuprt ia o trostn fer ur. thecraonejtshe guntf tse w se mu cta o cstutno epuroury se,nd i rectoliz piticsha ha f toneaou cotrasay d ffyooovs sptshe hwre setng ll "teto bng --teub'" >weo tav ou teo hrgh a be. hlean iesgaonf anona. ard eywa aan anysatbc ande nt sea an ianha wkeor "theew yke." hes e ahofiv crinally- ital acaid okkon t l. i ntorode o adniraveot a tt eot wle ailleo e esofhend plseelme jfr tbi iisreo bhe o wh i spe m b t fst nirsyÑif esen oba'- rs oeval nirsief
anna h bomonhe mooparesns -to nyt h smeur nion anseeds rrumeoo foteorts whe eus aintrio suordts csu, as ab t me atapn. pridtba cpan r i ose d meatyft begleed sn f i clurtoy. ' he dcu whe amadniraonasee unle tfuilthlee. the fle cisasayomng dehe rurf r cnt t re awven mo ffuln werr o su, ilung le tng liefm tatotct t iuaano ats prab t most vib pce ofetncen founelhehrtm d boinatmp h p t suonhe tle. am sehe ectn rul msaustsil fth mpca ts tt. yo gntam ts demonsat tres pais coens r w cse anna ia yonstt...
107
107
Feb 12, 2010
02/10
by
CSPAN
tv
eye 107
favorite 0
quote 0
all of us in the eu have to accept the challenges of what we want to be as the eu to carry our weight in the world. that was an eye-opener. that was very clear. i did not only experience that this afternoon. i also made a trip to 26 countries, 26 capitals, so that i could feel the pulse there. i felt the sameÑi thing this afternoon. it would have been nice if we could have met for logger, -- for longer. it would have been nice if we did not have to spend so much time on that urgent issue. given the ambitions of the european council, we want to meet more frequently so we can see each other more often and so there will be fewer complaints of my lack of visibility. >> a question in your own language -- two questions. on economic strategy, the you have an impression that the heads of state and government laid down a basis on the way toward economic governance, as we tend to call it in the european union? how did your colleagues react to the proposal that they meet every month? >> first of all, on this idea of economic governance, this is something that can be interpreted in many differen
all of us in the eu have to accept the challenges of what we want to be as the eu to carry our weight in the world. that was an eye-opener. that was very clear. i did not only experience that this afternoon. i also made a trip to 26 countries, 26 capitals, so that i could feel the pulse there. i felt the sameÑi thing this afternoon. it would have been nice if we could have met for logger, -- for longer. it would have been nice if we did not have to spend so much time on that urgent issue....
144
144
Feb 8, 2010
02/10
by
CSPAN
tv
eye 144
favorite 0
quote 0
although these will lead a powerful boost to the china-eu relations. the chinese government places great importance on relations with europe. it is always high on the diplomatic agenda. we are pleased to note that with the lisbon trading, the eu integration process has entered into a new stage. we hope to see a europe that plays a bigger and more active role in international affairs. we look forward to working with europe to find an even brighter future for china-e relations. to achieve such a brighter future, we must manage our relations from a strategic and long term perspective. we need to build on the progress that we have worked so hard to achieve and see to it that the relations are not obstructed by any individual incidents at any particular time. we must respect each other, treat each other as equals, and accommodate each other's core interests and a major concerns. it is our hope that europe will see china in a more objective and sensible light and recognize that china's development is not a challenge but an opportunity. we do not expect china
although these will lead a powerful boost to the china-eu relations. the chinese government places great importance on relations with europe. it is always high on the diplomatic agenda. we are pleased to note that with the lisbon trading, the eu integration process has entered into a new stage. we hope to see a europe that plays a bigger and more active role in international affairs. we look forward to working with europe to find an even brighter future for china-e relations. to achieve such a...
472
472
Feb 5, 2010
02/10
by
CNBC
tv
eye 472
favorite 0
quote 1
the extent that there's an impact on asia, it lacks because of the sovereign credit issues and the eu countries in particular and more about concerns over growth. and i wonder to what extent the u.s. jobs numbers might have been a more important driver for recent equity market moves. >> yeah. we'll come off of that, andrew. i just want to get your sense, though, what it is that we fear most with the euro zone debt crisis. what is it reasonable to fear? is it reasonable to fear any kind of default or not? that seems to me to be stretching it. >> absolutely. i think we've downgraded greece to bbb plus in stages 2009. although bbb plus is still a high rating on the global scale and we see greece still at some distance of default. the cost of borrowing has risen sharply in the last few weeks. my colleagues have done some research showing that we expect 19% of their gdp. for greece, the number is 2 %, which is not so far above the average for the block as a whole. there are some concerns that grooeps grooets obviously doesn't have the opportunity to devalue. and this has led to, again, as
the extent that there's an impact on asia, it lacks because of the sovereign credit issues and the eu countries in particular and more about concerns over growth. and i wonder to what extent the u.s. jobs numbers might have been a more important driver for recent equity market moves. >> yeah. we'll come off of that, andrew. i just want to get your sense, though, what it is that we fear most with the euro zone debt crisis. what is it reasonable to fear? is it reasonable to fear any kind of...
407
407
Feb 3, 2010
02/10
by
CNBC
tv
eye 407
favorite 0
quote 0
and then you always have to beware of greece bearing debt. >> we'll see what the eu says today about that very subject and whether or not their recommendations about what needs to be done can get done. bob, kevin, we'll see what happens later in the week. thanks, guys. >> thanks, carl. >> it really will only be my prediction if it comes true. does it doesn't, i was quoting someone that i felt some empathy with their position. i felt empathy with their position. i could see the benefit of what they were saying. >> the wisdom. >> the which is come of what they were saying. >> i believe he you. >> coming up, why bill ackman says why he prefers borders to barnes & noble. first, though, a look at yesterday's winners & losers. 144 years of financial stability. and still no one knows the sun life financial name. that changes today. i hear you're the clown in charge. so, cirque du soleil becomes... ...cirque du sun life. because soleil means sun.... (gibberish) i'll take that as a yes. (announcer) sooner or later, you'll know our name. sun life financial. >>> welcome back. the february bound
and then you always have to beware of greece bearing debt. >> we'll see what the eu says today about that very subject and whether or not their recommendations about what needs to be done can get done. bob, kevin, we'll see what happens later in the week. thanks, guys. >> thanks, carl. >> it really will only be my prediction if it comes true. does it doesn't, i was quoting someone that i felt some empathy with their position. i felt empathy with their position. i could see the...
454
454
Feb 16, 2010
02/10
by
CSPAN
tv
eye 454
favorite 0
quote 0
is csi gntamwiouan veigiontthco o theoncthe eu's? nuerwon rmofhe la qstn imymlio quti. m tn ter ihe hienarofuaano,nd in ahougsty oth ysal filies n gng g uo tt in wh iacou csi gutamoav our ali etmi wth tre i cracit whia cr fali? >>f caadesso o at rd ertles ll eacthe i ath kp hehathon erye gs to s wn reiv t jonaisng- otr cp otr tn t o erye ts s wn a genhe urnaltiou dot thkhe ft tt eris isth filies paicar nswth obouy,hellatn s at wt reesib ss- scbe a sciser tulyomid. the ll b ctiin veigioofha i orry. at ill he s. >> d n tnke sul srt aidnete mely bau ima b lke tonoer th itheanuaano stlpe ehtea ler itsls t rso t adniraonavg iz o thfa ttft t esenwanauredth prle w aucor ffulon wh sdey pped isn t th cld he en eil de ca sll part oauc rg pbl ttado relv eiryn sgl me,ndhaisotru tnkuaano nasye os andisntd. y esonfmppe ndt, tueiofhe d h aheer instatnshodak ple,avotngo d wh th ee thhi gntam cabelod. ere ha bn llor precio b eh ohe inrendenntf e ac o csi gntam onf t qstnssky mbs ones srt - llefe e ur hrdur gunt w h d w sve t obmf atccre, d t o mbef ngssai thfithi wdos op inth wnghi. boa
is csi gntamwiouan veigiontthco o theoncthe eu's? nuerwon rmofhe la qstn imymlio quti. m tn ter ihe hienarofuaano,nd in ahougsty oth ysal filies n gng g uo tt in wh iacou csi gutamoav our ali etmi wth tre i cracit whia cr fali? >>f caadesso o at rd ertles ll eacthe i ath kp hehathon erye gs to s wn reiv t jonaisng- otr cp otr tn t o erye ts s wn a genhe urnaltiou dot thkhe ft tt eris isth filies paicar nswth obouy,hellatn s at wt reesib ss- scbe a sciser tulyomid. the ll b ctiin...
121
121
Feb 27, 2010
02/10
by
CSPAN
tv
eye 121
favorite 0
quote 0
we are seeing other countries ahead of us -- canada, the eu. that would put us at another competitive disadvantage. do you support those trade agreements, opening those markets for u.s. service and production companies? >> did you for your question. i support, in general, the idea that we should have free and open trade, and also the idea that it has to work both ways. when we open our markets to companies in other countries, and to other countries. we want to make sure that we have access to their markets. we want intellectual property agreements that make sure we have a level playing field, to the extent that is possible, in which our companies can compete. and so it does work both ways. >> we are such an open economy in the united states. panama and colombia have 1-way trade. we have obstacles from we try to have two-way trade. in every other case, it has worked beautifully for us. we have doubled or tripled our exports. we turned a trade deficit into a trade surplus. we even have a manufacturing surplus with our nafta countries. unrelated t
we are seeing other countries ahead of us -- canada, the eu. that would put us at another competitive disadvantage. do you support those trade agreements, opening those markets for u.s. service and production companies? >> did you for your question. i support, in general, the idea that we should have free and open trade, and also the idea that it has to work both ways. when we open our markets to companies in other countries, and to other countries. we want to make sure that we have...
500
500
Feb 16, 2010
02/10
by
CSPAN
tv
eye 500
favorite 0
quote 1
. -- the larger eu face. the president believes that the eu is capable of dealing with this situation he has monitored through news reports and what larry, 10, and dr. romer had told him. -- larry, tamim, and dr. romer have told him. >> how can a president who has conducted more prime-time appearances in his first year -- >> he did six, actually. >> i stand corrected. >> i could have twittered that. [laughter] >> how come the american public does not know precisely what he wants? >> he talks about it every day. the median is segmented -- the media is segmented. we are asked why the president the summit in areas. people get their information from so many -- what the president does so many interviews. people get their information from some many places. -- from so many places. >> the strategy also reminds people that the president is the agent of change. it would seem that what is in the way it is old washington ways, partisanship. why can you not affect some change in that? >> we try. with the presidency does n
. -- the larger eu face. the president believes that the eu is capable of dealing with this situation he has monitored through news reports and what larry, 10, and dr. romer had told him. -- larry, tamim, and dr. romer have told him. >> how can a president who has conducted more prime-time appearances in his first year -- >> he did six, actually. >> i stand corrected. >> i could have twittered that. [laughter] >> how come the american public does not know precisely...
230
230
Feb 1, 2010
02/10
by
CSPAN2
tv
eye 230
favorite 0
quote 0
switzerland is not part of the eu -- host: okay, we will leave it there. let me pick up one thing she said about sarah palin and the coverage. sarah palin, from your reporting, was consumed with how she was being pursued in -- how she was being perceived in alaska during the election. guest: she was never very much involved in national politics. very few in the national political or media life had dealings with sarah palin. she was new. we talked to these national operatives in the mccain campaign and other people around sarah palin who to this day are the only people we know who have had exposure to her behind-the- scenes to see what she is like when she is not on tv or giving a speech. they met with sarah palin, two of mccain's advisers, mark salter and steve schmidt. they did not know her bridge was a stranger to them. one of things they discussed with her late in the meeting was the importance of her understanding that even though she would remain the sitting governor of alaska, she needed to understand her focus needed to be on the the national campai
switzerland is not part of the eu -- host: okay, we will leave it there. let me pick up one thing she said about sarah palin and the coverage. sarah palin, from your reporting, was consumed with how she was being pursued in -- how she was being perceived in alaska during the election. guest: she was never very much involved in national politics. very few in the national political or media life had dealings with sarah palin. she was new. we talked to these national operatives in the mccain...
247
247
Feb 4, 2010
02/10
by
CNBC
tv
eye 247
favorite 0
quote 0
and you can't go short the eu you'euro unless you go long some other kourncy. they're connected at the hip. that's why the dollar is doing better. >> always a pleasure to get your insight. i do want to get to a fast message. i know you guys out there have a lot of questions. especially on a day like today. do write in. we got one from john in maine. are there etfs one could play to play the euro losing value and the dollar gaining value? >> you go to the uup. that's the best way to play it. you could also play the other currencies. play the fxb, which is the british pound. you could also play the japanese general. >> right, uup tracks the dollar ind index. it's mostly the euro but it does have other currencies in the mix. if you've got a question out there, we'll do our best especially on a day like today to answer your questions. coming up next, reliable safe havens are not working, how do you protect yourself? we'll tell you how next. this is not more benefits at greater cost to your company insurance. this is not how does it fit in my company's budget insura
and you can't go short the eu you'euro unless you go long some other kourncy. they're connected at the hip. that's why the dollar is doing better. >> always a pleasure to get your insight. i do want to get to a fast message. i know you guys out there have a lot of questions. especially on a day like today. do write in. we got one from john in maine. are there etfs one could play to play the euro losing value and the dollar gaining value? >> you go to the uup. that's the best way to...
183
183
Feb 7, 2010
02/10
by
FOXNEWS
tv
eye 183
favorite 0
quote 0
would have won by 50%, but this week president obama told them he would not be attending the annual eu-u.s. summit through a leak in the wall street journal. this makes for a pattern of snubs none more glaring towards nicolas sarkozy, probably the first pro american president in history. brought back france into n.a.t.o. last year, but he's not been able to get an appointment at the white house. he feels jilted by the president that he did so much to sort of put in office, he thinks and i think the question is, will the passing of obama mania in europe be the next shoe to drop. >> paul: all right, colin. >> paul, this week the medical journal from europe, the lancet finally retracted a 12-year-old study that suggested there was a link between the mmr vaccine, measles, mumps, rubella vaccine and autism. a study that created sort of an international panic and had parents refusing to vaccinate their children and shows how dangerous clients can be when it receives the i am per matter after prestige gus journal. >> paul: can. >> super bowl sunday and i want to salute the super bowl refusenicks,
would have won by 50%, but this week president obama told them he would not be attending the annual eu-u.s. summit through a leak in the wall street journal. this makes for a pattern of snubs none more glaring towards nicolas sarkozy, probably the first pro american president in history. brought back france into n.a.t.o. last year, but he's not been able to get an appointment at the white house. he feels jilted by the president that he did so much to sort of put in office, he thinks and i think...
553
553
Feb 25, 2010
02/10
by
CNBC
tv
eye 553
favorite 0
quote 0
some people say that an analyst report came out saying that the eu was not going to let greece fall but you take a look at that chart. take a look at the intraday because commodity names really across the the board i won't say rally but moved off of their lows. alcoa actually went positive and is now the best performer in the dow and that is true with a -- so many commodity names at this hour. in terms of weakness, the weakest sector is financials especially the regionals and the super regionals. take a look at m & t, keycorp, u.s. bancorp, some examples, they are the weakest, doing a little bit worse know that the big banks. i want to touch on retail because retail has shown a fair amount of strength. three names in particular i want to touch on, tjx, touching on an all-time high. kohl's really good numbers and they're gaining despite some tepid guidance so that's going to tell you something. and limited touched a two-year high despite that weather looking very good in terms of comp sales. now you usual lie don't talk about hyatt and heinz in the same. why am i mentioning them together
some people say that an analyst report came out saying that the eu was not going to let greece fall but you take a look at that chart. take a look at the intraday because commodity names really across the the board i won't say rally but moved off of their lows. alcoa actually went positive and is now the best performer in the dow and that is true with a -- so many commodity names at this hour. in terms of weakness, the weakest sector is financials especially the regionals and the super...
326
326
Feb 28, 2010
02/10
by
CNN
tv
eye 326
favorite 0
quote 0
so far the eu has offered more than $4 million to help chile recover. world vision is sending supplies including tarps, blankets and collapsible water containers. meantime, members from the aid organizations doctors without borders are on the way to the disaster zone, and the aid organization oxfam says it is sending a team of water engineers and logistics experts and humanitarian staff. a lot of people responding. >>> former american emergency management official says that chile is in a better situation to handle the emergency than other countries. we were told that the type of building you are in could mean the difference between life and death. >> some of what they are dealing with now, and you have to look at chile is a very well prepared country when it comes to disaster preparedness compared to other countries perhaps. they have the urgency and the need, and now the priorities are determining what the extent of damage is as well as simultaneously working to free trapped victims and to save lives. there, it is almost difficult not to compare it to
so far the eu has offered more than $4 million to help chile recover. world vision is sending supplies including tarps, blankets and collapsible water containers. meantime, members from the aid organizations doctors without borders are on the way to the disaster zone, and the aid organization oxfam says it is sending a team of water engineers and logistics experts and humanitarian staff. a lot of people responding. >>> former american emergency management official says that chile is in...
707
707
Feb 5, 2010
02/10
by
CSPAN
tv
eye 707
favorite 0
quote 0
i was heartened to see a mention of the eu at the qdr. i didn't go back and look, but this was the first qdr that mentions the european union. and it reflects the fact that the eu was taking on a more prominent role, particularly in the low intensity side and put directives out there to open its internal defense market. and one point, i think, it's not quite mentioned in the qdr, but an important point, i believe the defense department needs to engage much more deeply with the european union on a range of issues from civil military collaboration to defense market. we just finished a study at john's hopkins and that was one of the key findings in that study. i think there has been movement in the pentagon from this to the point where you hear people on the policy side of the house saying we're open to engaging with the eu. i think we have to move beyond that and develop a robust agenda with our most important partner in these areas. now, let me turn now to the defense industry. as i said, as i kind of jokingly said, there is not much in th
i was heartened to see a mention of the eu at the qdr. i didn't go back and look, but this was the first qdr that mentions the european union. and it reflects the fact that the eu was taking on a more prominent role, particularly in the low intensity side and put directives out there to open its internal defense market. and one point, i think, it's not quite mentioned in the qdr, but an important point, i believe the defense department needs to engage much more deeply with the european union on...
143
143
Feb 8, 2010
02/10
by
CSPAN
tv
eye 143
favorite 0
quote 0
occasions, and i was glad to start with a very simple question about the prospects for tougher un and eu sanctions. but as we sat down, reuters was announcing that the u.s. and three european powers hope to blacklist iran's central bank and firms linked to the revolutionary guard. the state department apparently are circulating an outline of possible new sanctions in london, paris, and berlin. is this accurate and what is your response? >> i have always said that if iran does not respond, the next ages to get agreement on sanctions. it is obviously important to get the e3 plus 3 all engaged in this process. we in britain have said we are prepared to take further sanctions against iran. there will be a meeting of the european union to discuss this very soon, and i believe that we can agreement -- we can get agreement within the european union, and then the e3 plus 3 will make up their minds about further sanctions beyond those things already announced. >> any sanctions regime, there is always a delicate balance to be struck between how to assist the disadvantaged part of the community, ho
occasions, and i was glad to start with a very simple question about the prospects for tougher un and eu sanctions. but as we sat down, reuters was announcing that the u.s. and three european powers hope to blacklist iran's central bank and firms linked to the revolutionary guard. the state department apparently are circulating an outline of possible new sanctions in london, paris, and berlin. is this accurate and what is your response? >> i have always said that if iran does not respond,...
203
203
Feb 1, 2010
02/10
by
CSPAN
tv
eye 203
favorite 0
quote 0
there was a report today that the eu was going to force pay cuts on greece. we are not far down on that west along with greece with our debt rating to be reduced. the average pay is $73,000 without benefits. it's 40% higher than the average american. where are they going to go for a job? give them a payç cut and weaked balance the budget a lot easier that way. host: here is the story of the viewer was talking about. they talk about a freeze thr budget. paris pledges public spending curbs. that is in "the financial times ." they will tackle the crippling budget deficit, including a pledge to cut the total spending to less than 1% a year from 20 level. that is from thisçó morningç reporting on the budget issues in france. democrats line. good morning to build. -- good morning to bill. caller: it is nothing but a camouflage for gunrunners and gun producers, web producers. that is the biggest corporations in the world is pushing guns. -- weapons producers. independence said on defense. host: thank you for your call. this is "the washington post." "sunsets o
there was a report today that the eu was going to force pay cuts on greece. we are not far down on that west along with greece with our debt rating to be reduced. the average pay is $73,000 without benefits. it's 40% higher than the average american. where are they going to go for a job? give them a payç cut and weaked balance the budget a lot easier that way. host: here is the story of the viewer was talking about. they talk about a freeze thr budget. paris pledges public spending curbs....
274
274
Feb 3, 2010
02/10
by
CNBC
tv
eye 274
favorite 0
quote 0
but does the greece government have the trust of the eu? we'll find out after this. and as a progressive customer, you get to use any of our concierge claim centers. so i can just drop off my car and you'll take care of everything? yep, even the rental. what if i'm stuck at the office? if you can't come to us, we'll come to you in one of our immediate response vehicles! what if mother won't let me drive? then you probably wouldn't have had an accident in the first place. sea and we're walkin'! and we're walkin'... making it all a bit easier -- now that's progressive! call or click today. >>> on cnbc.com now, one strategist tells us investors just had to buy the cheapest nastiest stocks around. this year requires a more measured approach. and the chinese government lending clamp down begins as the bank of china raises mortgage rates. wall street waits for clarity on president obama's proposed banking curb. big banks are going to be in pain for most of this year according to some. all that and morning on cnbc.com. >>> ahead of the u.s. open, equities are a little firme
but does the greece government have the trust of the eu? we'll find out after this. and as a progressive customer, you get to use any of our concierge claim centers. so i can just drop off my car and you'll take care of everything? yep, even the rental. what if i'm stuck at the office? if you can't come to us, we'll come to you in one of our immediate response vehicles! what if mother won't let me drive? then you probably wouldn't have had an accident in the first place. sea and we're walkin'!...
270
270
Feb 4, 2010
02/10
by
CNBC
tv
eye 270
favorite 0
quote 0
i do think the problem is, you're not getting any strong statements out of the eu. you're not getting any sense of panic from a number of the leaders that you need to see policy leadership on, and that's a concern for the markets, because the markets are falling through on their own. >> tim, we will speak to you tonight. >> mel, any conference where rubini is speaking, it's a panic inducing event. i don't see why greece is different from the middle east. they'll be bailed out. there's a lot of worry. the question is, does that trigger increasing leg down, and i don't see that now. >> fair point. let's turn our sights to cisco systems, one stock holding on to gains, just barely. there's a lot of carnage across the tech space. guy adami, names talking positively about on the desk, seagate, trading sharply lower. you see this pullback as any buying opportunity? >> they're broken. we've talked about the names and good news in terms of earnings. look at intel, pretty good. but the trading action was lousy. that is a -- we tried to warn people then. if you're zack and loo
i do think the problem is, you're not getting any strong statements out of the eu. you're not getting any sense of panic from a number of the leaders that you need to see policy leadership on, and that's a concern for the markets, because the markets are falling through on their own. >> tim, we will speak to you tonight. >> mel, any conference where rubini is speaking, it's a panic inducing event. i don't see why greece is different from the middle east. they'll be bailed out....
207
207
Feb 24, 2010
02/10
by
CNN
tv
eye 207
favorite 0
quote 0
because you have constant crises at google, a product that may not have the uptick that you wanted, the eu looking at antitrust action? there's always something that seem the like it's going to dominate your day, your week, or your month. >> well, you know, our government can react very quickly in a crisis. look at the stimulus bill, which was done in a three-week period, $800 billion in 3 weeks, boom, they're done. we've seen other situations where we've been attacked. so, we can rally together and act very quickly. i think crisis focuses the mind. i think the most important thing to do is to establish a culture of innovation. jobs are created in the private sector by new ideas, not existing ideas. there are lots of new ideas that are being suppressed by one reason or another that i want to hear, and you do, too. >> you made a comment a little while ago about innovating and creating industries in the united states that are exportable. boy, we all want to know what those are, because we've lost manufacturing jobs because of things we used to make that we were exporting. we don't make anymo
because you have constant crises at google, a product that may not have the uptick that you wanted, the eu looking at antitrust action? there's always something that seem the like it's going to dominate your day, your week, or your month. >> well, you know, our government can react very quickly in a crisis. look at the stimulus bill, which was done in a three-week period, $800 billion in 3 weeks, boom, they're done. we've seen other situations where we've been attacked. so, we can rally...
140
140
Feb 2, 2010
02/10
by
CSPAN2
tv
eye 140
favorite 0
quote 0
this group is responsible for negotiating multilateral arms control tk*eus disarmament agreements such as the biological weapons convention, chemical weapons convention, big, big issues, mr. president. ambassador kennedy is a member of the seniors foreign service, has worked at the state department, bureau of european and asian affairs, united nations, the national war college. and as president bush's ambassador to turkmenistan. of all the countries with nuclear weapons, the united states, our great country, is the only one that doesn't have a representative at the conference of disarmaments at the negotiating table. why? because the republicans are stalling everything. that's just unacceptable. we need to confirm her. we need to confirm her a long time. it's not just those cases, mr. president. it's many, many others. it's clear these positions are critical to our national security that i just talked about and equally evident that these nominees are well qualified, nonpartisan public servants. why isn't it clear -- i'm sorry. what isn't clear, mr. president, is why our republican coll
this group is responsible for negotiating multilateral arms control tk*eus disarmament agreements such as the biological weapons convention, chemical weapons convention, big, big issues, mr. president. ambassador kennedy is a member of the seniors foreign service, has worked at the state department, bureau of european and asian affairs, united nations, the national war college. and as president bush's ambassador to turkmenistan. of all the countries with nuclear weapons, the united states, our...
114
114
Feb 14, 2010
02/10
by
CSPAN
tv
eye 114
favorite 0
quote 0
greece may yet be bailed out by the eu, but i suspect any lender will impose harsh conditions on their fiscal policies. it raises the question -- who would bail us out d? the imf? what with the american think about having our policies dictated by a lender? it is much better to choose the target for a debt-gdp ratio lower than 60%. however, as you suggested, when you look at the policies necessary to get to that level, they are extremely difficult politically. i believe the most important contribution of our committee was to outline a rich menu of policy options that would get us from here to there. we grouped the options into four packages. at one extreme to, the committee asked, what spending cuts would be necessary to stabilize the ratio as 60%, if the total tax burden were maintained at its historic level between 18% or 19% of gdp? that package is called a low spending option. at the other extreme, the committee estimated what tex krises would be necessary to finance currently promises -- what tax increases would be necessary to finance medicare benefits while other programs -- as d
greece may yet be bailed out by the eu, but i suspect any lender will impose harsh conditions on their fiscal policies. it raises the question -- who would bail us out d? the imf? what with the american think about having our policies dictated by a lender? it is much better to choose the target for a debt-gdp ratio lower than 60%. however, as you suggested, when you look at the policies necessary to get to that level, they are extremely difficult politically. i believe the most important...
146
146
Feb 13, 2010
02/10
by
CSPAN
tv
eye 146
favorite 0
quote 0
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . . >> he is very popular in haiti. i am sure that all haitians would join me in wishing him a speedy recovery. beyond that, there is not much more about when to say and that issue. it would be pure speculation. >> there was support and the "miami herald" yesterday that the u.s. had given the haitian government a draft plan to look at to talk about the reconstruction authority. could you describe what is envisioned or laid out? >> de president obama as? -- president obama has asked us to be as productive as possible. we are trying to do that. there are other donors that have shared thoughts. in terms of the specifics, there i]are ongoing conversations. at this point, i am not sure i want to characterize it more than that because i would be behin
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . . >> he is very popular in haiti. i am sure that all haitians would join me in wishing him a speedy recovery. beyond that, there is...
188
188
Feb 13, 2010
02/10
by
CSPAN
tv
eye 188
favorite 0
quote 0
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . have you talked to him today? >> i was not part of that conference call. i talked to him. i read this and reports. >> what would be the effect of the effort. >> personal popularity is the thing that president clinton brings. i am sure that all people in he join me in wishing him a speedy recovery. >> there was a report in the "miami herald," yesterday that the government had given the haitian government a draft plan on the reconstruction authority. can you describe what is in addition to or what is laid out in that draft? >> well, president obama has asked us to be as awful as possible in getting ideas to the haitian government and to the haitian people. we are trying to do that. other donors are trying to do that. i am sure that there are oth
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . have you talked to him today? >> i was not part of that conference call. i talked to him. i read this and reports. >> what...
224
224
Feb 25, 2010
02/10
by
CSPAN
tv
eye 224
favorite 0
quote 0
if you just start with banning discrimination based on pre- existing conditions, eu end up with basically the bill that they have ended up with. that is how they got there. host: entering just a moment ago, kathleen sebelius, who, as a side out, is the only daughter to serve a -- as a side note, is the only daughter to serve as governor. she was governor of kansas. she is now the secretary of health and human services. the way the room looks is that you have the members of congress around the table, and directly behind them are staff members that were invited, so in total there will be about 50 to 60 people in the room. the configuration last thursday and friday was designed to be a u-shaped table, and now you can see that it is set up as a rectangular table with a center open. negotiations beginning in about seven or eight minutes. live coverage on c-span at3. you can listen to it on c-span radio or watch it on line at c- span.org. prime-time coverage on the other is hispanic networks. susan is joining us from fort worth, texas -- prime-time coverage on the other is c-span network. susan
if you just start with banning discrimination based on pre- existing conditions, eu end up with basically the bill that they have ended up with. that is how they got there. host: entering just a moment ago, kathleen sebelius, who, as a side out, is the only daughter to serve a -- as a side note, is the only daughter to serve as governor. she was governor of kansas. she is now the secretary of health and human services. the way the room looks is that you have the members of congress around the...
252
252
Feb 8, 2010
02/10
by
CSPAN
tv
eye 252
favorite 0
quote 0
what about the argument that has been presented in a couple of columns that other countries -- the eu is making trade agreements with colombia and korea. is the u.s. getting left behind if we don't make the agreements? caller: i was not really familiar with the column, i could not talk about it intellectually because i have not read it. but i don't think the united states should be left behind, but i think americans are getting left behind and i don't think these agreements work. host: one of the pieces we looked at, north dakota legislature wrote an opinion piece. at the engine for job growth. president obama quoted in a column in ""washington times." georgia, where a on the independent line -- ray on independent line. caller: the american workers can compete with anybody on planet earth and beat them. the way we do that, american workers are capitalists. capitalists receive the profits from their investment. workers invest their time and energy, hands and brains and knowledge. so the profits from, let's say, living capital, must be paid to the workers. that means chinese workers wor
what about the argument that has been presented in a couple of columns that other countries -- the eu is making trade agreements with colombia and korea. is the u.s. getting left behind if we don't make the agreements? caller: i was not really familiar with the column, i could not talk about it intellectually because i have not read it. but i don't think the united states should be left behind, but i think americans are getting left behind and i don't think these agreements work. host: one of...
183
183
Feb 24, 2010
02/10
by
CSPAN
tv
eye 183
favorite 0
quote 0
the prime minister did not know how the eu would persuade countries like the united states, china, and i went to change their laws. he was to set up an international commission against the death penalty. those are some of the latest headlines on c-span radio. . host: senator ben cardin, thank you for being with us. what do you hope to see come out of the health care summit? guest: i hope we do see engagement by it -- by republicans and democrats. it would be nice to see broader support. as long as the legislative or is are committed to bringing down the cost -- legislators are committed to bringing down the cost i hope we can come to a broader consensus. host: the gop responded in a press conference, that they expect little from obama's health reform. but that throw up a roadblock? guest: if you look in the past, republicans have been opposed to comprehensive health care reform. they have not really brought up any suggestion that would bring down cost and by affordable health care for all americans. i think we are very close to getting this done. the house and senate have both passed b
the prime minister did not know how the eu would persuade countries like the united states, china, and i went to change their laws. he was to set up an international commission against the death penalty. those are some of the latest headlines on c-span radio. . host: senator ben cardin, thank you for being with us. what do you hope to see come out of the health care summit? guest: i hope we do see engagement by it -- by republicans and democrats. it would be nice to see broader support. as long...
327
327
Feb 5, 2010
02/10
by
CNBC
tv
eye 327
favorite 0
quote 0
point since march of last year at that time of level, because just as jim said, we believe the ecb, the eu, are going to act to backstop the sovereign risk concerns of the southern european countries and we really don't see it as an issue that's spreading worldwide. the u.s. economy is showing signs of improving, and earnings at the s&p are looking quite good. fourth-quarter earnings look to come in at about $70 annualized and, i think you'll get 5% to 10% growth from that level in 2010. >> most of the fears have been subsided, either in china or sovereign debt, but then there is the nagging unemployment levels in this country and whether the recovery is -- is really occurring or not. there are people that say, you know, we're kind of just bouncing along the bottom. you don't -- you don't think that? >> yeah, well that's a lot of the same old concerns as the market has appreciated quite strongly, and we're not ignoring those things, but we would argue the economy is improving. we expect to see a positive jobs report with an unchanged unemployment rate. the manufacturing is good, exports ar
point since march of last year at that time of level, because just as jim said, we believe the ecb, the eu, are going to act to backstop the sovereign risk concerns of the southern european countries and we really don't see it as an issue that's spreading worldwide. the u.s. economy is showing signs of improving, and earnings at the s&p are looking quite good. fourth-quarter earnings look to come in at about $70 annualized and, i think you'll get 5% to 10% growth from that level in 2010....
251
251
Feb 12, 2010
02/10
by
CSPAN
tv
eye 251
favorite 0
quote 0
despite a show of the franco- german unity on the first statement from eu leaders pledging to safeguard stability, hope for a german-led plan to shore up grease's critical finances cord-by merkel -- greece's critical finances were dashed by merkel. speaking of europe, we will move to foreign-policy. çwright,ç she has been here my çtimes. ç she spent her entire career reporting on global affairs with a particular emphasis on southeast asia and the middle east and we are going to talk to her about what we saw coming from tehran yesterday on the 31st anniversary ofç the islamist result -- revolution. we will be right bcb. >> to the and "book tv" for a three-day prison as the weekend. henry paulson talking to warren buffett. on "after words," historian and poet to prizewinner on how the atomic bomb changed the presidency and the role of the u.s. in the world. it read airs sunday night at 9:00 p.m. eastern and pacific, and all day monday, books on american presidents. fdr, president obama and our culture, creag shirley on ronald reagan. for the complete schedule go to book tv.org.
despite a show of the franco- german unity on the first statement from eu leaders pledging to safeguard stability, hope for a german-led plan to shore up grease's critical finances cord-by merkel -- greece's critical finances were dashed by merkel. speaking of europe, we will move to foreign-policy. çwright,ç she has been here my çtimes. ç she spent her entire career reporting on global affairs with a particular emphasis on southeast asia and the middle east and we are going to talk to...
148
148
Feb 11, 2010
02/10
by
CSPAN
tv
eye 148
favorite 0
quote 0
greece may be bailed out by the eu but i suspect that any lender will impose harsh conditions on their fiscal policies. it raises the question, who would bail them out? would be the imf? what with the american people think about our policies dictated by a lender? this suggests that it might be much letter -- better to choose the target considerably lower than 60%. however, when you look at the policies necessary to get even to that level, they are extremely difficult politically. i believe that the most important contribution of our committee was to outline a rich menu of policy options that would get us from here to there. rycroft the options into four packages. at one extreme, the committee asked what spending cuts would be necessary to stabilize the jet -- the debt to debt gdp ratio of the total package were maintained at historic levels between 18% of gdp. that package is called the low- spending option. the committee estimated what tax increases would be necessary if finance currently -- currently promised so security and medicare benefits while other programs did not. there would
greece may be bailed out by the eu but i suspect that any lender will impose harsh conditions on their fiscal policies. it raises the question, who would bail them out? would be the imf? what with the american people think about our policies dictated by a lender? this suggests that it might be much letter -- better to choose the target considerably lower than 60%. however, when you look at the policies necessary to get even to that level, they are extremely difficult politically. i believe that...
84
84
Feb 9, 2010
02/10
by
CSPAN
tv
eye 84
favorite 0
quote 0
occasions, and i was glad to start with a very simple question about the prospects for tougher un and eu sanctions. but as we sat down, reutersñr ws announcing that the u.s. and three european powers hope to blacklist iran's central bank and firms linked to the revolutionary guard. the state department apparently are circulating an outline of possible new sanctions in london, paris, and berlin. is this accurate and what is your response? >> i have always said that if iran does not respond, the next ages to get agreement on sanctions. it is obviously important to get the e3 plus 3 all engaged in this process. we in britain have said we are prepared to take further sanctions against iran. there will be a meeting of the european union to discuss this very soon, and i believe that we can agreement -- we can get agreement within the european union, and then the e3 plus 3 will make up their minds about further sanctions beyond those things already announced. >> any sanctions regime, there is always a delicate balance to be struck between how to assist the disadvantaged part of the community,
occasions, and i was glad to start with a very simple question about the prospects for tougher un and eu sanctions. but as we sat down, reutersñr ws announcing that the u.s. and three european powers hope to blacklist iran's central bank and firms linked to the revolutionary guard. the state department apparently are circulating an outline of possible new sanctions in london, paris, and berlin. is this accurate and what is your response? >> i have always said that if iran does not...
232
232
Feb 13, 2010
02/10
by
CSPAN
tv
eye 232
favorite 0
quote 0
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . >> he is very popular in haiti. i am sure that all haitians would join me in wishing him a speedy recovery. beyond that, there is not much more about when to say and that issue. it would be pure speculation. >> there was support and the "miami herald" yesterday that the u.s. had given the haitian government a draft plan to look at to talk about the reconstruction authority. could you describe what is envisioned or laid out? >> de president obama as? -- president obama has asked us to be as productive as possible. we are trying to do that. there are other donors that have shared thoughts. in terms of the specifics, there i]are ongoing conversations. at this point, i am not sure i want to characterize it more than that because i would be behind
humanitarian aid delivery, we are working very closely with many other big donors including french, canadians, eu, and many others. frankly, it is working really well, and this is something people will be able to look back on in the future as a model for how we have been able to sort ourselves out as donors on the ground in responding to the earthquake. . . >> he is very popular in haiti. i am sure that all haitians would join me in wishing him a speedy recovery. beyond that, there is not...
270
270
Feb 12, 2010
02/10
by
CSPAN
tv
eye 270
favorite 0
quote 0
french canadians, eu, many others i am not mentioning. it is working really well. i believe that this will -- some of the people will be able to look back at the future as a model of how we have been able to sort ourselves out as donors on the ground in responding to an earthquake. beyond that, i will stop my own remarks and let you ask whatever questions you might have. >> i wonder if you could give us a rundown on communications you have had, contacts with president clinton over the last couple days. there was a report that he was on 80 conference call even while he was in the hospital. were you part of that? >> i was not part of that conference call. i have not talked with him. i read the same reports in the newspaper you have on that issue. >> what do you think would be the effect on the effort? >> president clinton brings a tremendous amount of personal popularity and respect to the international effort in haiti, he is very popular in haiti. i am sure all haitians join me in wishing him a speedy recovery. beyond that, there is not much more want to say on that
french canadians, eu, many others i am not mentioning. it is working really well. i believe that this will -- some of the people will be able to look back at the future as a model of how we have been able to sort ourselves out as donors on the ground in responding to an earthquake. beyond that, i will stop my own remarks and let you ask whatever questions you might have. >> i wonder if you could give us a rundown on communications you have had, contacts with president clinton over the...
203
203
Feb 26, 2010
02/10
by
CSPAN
tv
eye 203
favorite 0
quote 0
we are seeing other countries ahead of us -- canada, the eu. that would put us at another competitive disadvantage. do you support those trade agreements, opening those markets for u.s. service and production companies? >> did you for your question. i support, in general, the idea that we should have free and open trade, and also the idea that it has to work both ways. when we open our markets to companies in other countries, and to other countries. we want to make sure that we have access to their markets. we want intellectual property agreements that make sure we have a level playing field, to the extent that is possible, in which our companies can compete. and so it does work both ways. >> we are such an open economy in the united states. panama and colombia have 1-way trade. we have obstacles from we try to have two-way trade. in every other case, it has worked beautifully for us. we have doubled or tripled our exports. we turned a trade deficit into a trade surplus. we even have a manufacturing surplus with our nafta countries. unrelated t
we are seeing other countries ahead of us -- canada, the eu. that would put us at another competitive disadvantage. do you support those trade agreements, opening those markets for u.s. service and production companies? >> did you for your question. i support, in general, the idea that we should have free and open trade, and also the idea that it has to work both ways. when we open our markets to companies in other countries, and to other countries. we want to make sure that we have...
103
103
Feb 8, 2010
02/10
by
CSPAN2
tv
eye 103
favorite 0
quote 0
and eu sanctions. but as we sat down whereby they were announcing that the u.s. and three european has gone to the iran central bank and confirmed to the revolutionary guard. the state is circulating an outline of possible new sanctions in london, parulis, and berlin. is this at works and what is your response? >> well, i've always said that if eastern -- iran doesn't respond, the next stage is sanctions. it's important to get all three engaged in the process. britain is prepared to to take further sanctions against iran. obviously there will be a meeting of the european union to discuss this soon. i believe we can be get agreement within the european union. then the e3 plus 3 will make up the made about further sanks that have been announced already. >> so in any sanction regime, there's always a delicate balance to being struck between how to assist the disadvantaged part of the community, how to assist parts of the political movement that have got more rationallal approach to how they run there -- how they'd like to run their country. and on the other hand, tr
and eu sanctions. but as we sat down whereby they were announcing that the u.s. and three european has gone to the iran central bank and confirmed to the revolutionary guard. the state is circulating an outline of possible new sanctions in london, parulis, and berlin. is this at works and what is your response? >> well, i've always said that if eastern -- iran doesn't respond, the next stage is sanctions. it's important to get all three engaged in the process. britain is prepared to to...
100
100
Feb 6, 2010
02/10
by
CSPAN2
tv
eye 100
favorite 0
quote 0
i was heartened to see a mention of the eu at the qdr. i didn't go back and look, but this was the first qdr that mentions the european union. and it reflects the fact that the eu was taking on a more prominent role, particularly in the low intensity side and put directives out there to open its internal defense market. and one point, i think, it's not quite mentioned in the qdr, but an important point, i believe the defense department needs to engage much more deeply with the european union on a range of issues from civil military collaboration to defense market. we just finished a study at john's hopkins and that was one of the key findings in that study. i think there has been movement in the pentagon from this to the point where you hear people on the policy side of the house saying we're open to engaging with the eu. i think we have to move beyond that and develop a robust agenda with our most important partner in these areas. now, let me turn now to the defense industry. as i said, as i kind of jokingly said, there is not much in th
i was heartened to see a mention of the eu at the qdr. i didn't go back and look, but this was the first qdr that mentions the european union. and it reflects the fact that the eu was taking on a more prominent role, particularly in the low intensity side and put directives out there to open its internal defense market. and one point, i think, it's not quite mentioned in the qdr, but an important point, i believe the defense department needs to engage much more deeply with the european union on...